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7245 Tangerine Avenue

7245 Tangerine Avenue, Mobile, AL 36618
Property in Ferry
Sold May 05, 2006
$95,000
$95,000 by Lime Financial Services Ltd
Mortgage Due Jun 01, 2036
Sold Jan 03, 2005
$76,325
$74,825 by Magnolia Mortgage Company Llc
Mortgage Due Jan 01, 2035
Local assessors in Mobile, AL have categorized 7245 Tangerine Avenue as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 43,560 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7245 Tangerine Avenue has a total of 1,632 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. The building has a gable or hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7245 Tangerine Avenue sold most recently in May 2, 2006 for a total of $95,000. If you work out the math, that's approximately a cost of $54.95 per sqft. Before that, the property was also sold for $76,325 in Dec 29, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $242 in taxes each year. 7245 Tangerine Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $6,360. If we break it down further, the land itself was valued at $1,400. Improvements to the property, however, were assessed at a total of $4,960. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 576
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,729
  • Building Area: 1,729
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,632
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORCHARD ESTS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 11 ORCHARD ESTS MBK 11 P 12 #SEC 06 T4S R2W #MP28 03 06 4 001

Ownership

  • Current Owner : CHANEY WAYLON U
  • Current Owner 2: CHANEY ADDIE J
  • Previous Owner : JONES NICHOLAS H
  • Previous Owner 2: JONES CRYSTAL K
  • Owner Before Previous Owner: NORWOOD WINONA J
  • Owner Before Previous Owner 2: JENNINGS THERESA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 003410

Geography

  • Account Number: 00477665
  • Parcel: 28 03 06 4 001 062.XXX
  • Lot: 11
  • Meridian: SEC 06 TWN 4S RNG 2W
  • Municipality: COUNTY
  • Latitude: 30.7217
  • Longitude: -88.2114

    Address

  • Full Address: 7245 Tangerine Ave
  • Address - House Number: 7245
  • Address - Street Name: Tangerine
  • Address - Suffix Type: Ave
  • State: AL
  • City Name: Mobile
  • Carrier Code: C032
  • 4-Digit Zip Code: 3321
  • Zip Code: 36618

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $242

    Appraisal Valuation

  • Standard Deviation: 0.2317
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 53
  • Final Value: 84,019
  • High Value: 103,486
  • Low Value: 64,551

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,000
  • First Open Lien Mortgage Lender: LIME FINANCIAL SERVICES LTD
  • First Open Lien Mortgage Recording Date: May 05, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $95,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $63,600
  • Market Land Value: $14,000
  • Market Improvement Value: $49,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,360
  • Assessed Land Value: $1,400
  • Assessed Improvements Value: $4,960

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 02, 2006
  • Current Sale Recording Date: May 05, 2006
  • Current Sale Transaction ID: 1001191364
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006033064
  • Previous Sale Recording Date: Jan 03, 2005
  • Previous Sale Contract Date: Dec 29, 2004
  • Previous Sale Amount: $76,325
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIME FINANCIAL SERVICES LTD
  • First Mortgage Transaction Date: May 05, 2006
  • First Mortgage Loan Amount: $95,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jun 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MAGNOLIA MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Jan 03, 2005
  • Previous Mortgage Loan Amount: $74,825
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2035

About Ferry



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Frequently Asked Questions

What neighborhood is 7245 Tangerine Avenue located in?
The 7245 Tangerine Avenue is a located in the neighborhood of Ferry in Ferry, Mobile.
What is the average sales price for listings in 7245 Tangerine Avenue?
The average sales price for units in 7245 Tangerine Avenue is $0 currently.

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